Blowing the whistle is hard, something that’s often lost on someone who has never done it, including attorneys. First often comes the nagging feeling that something is not quite right …and then the question of “what to do about it,” if anything. Most employees who uncover financial fraud or malfeasance are naturally hesitant to confront it let alone report it. For good reason. While reporting securities, commodities or money laundering related fraud to regulators carries with it the chance of life-changing awards, blowing the whistle also carries with it the very real possibility of retaliatory responses from employers and colleagues and even career destruction. Then there is the process of finding legal representation and reliving what has often been a less than pleasant experience while explaining relevant facts, often repeatedly, to those who may not be well versed in financial concepts let alone complex institutional accounting and trading schemes involving derivative securities, fixed income and crypto based products where modern financial fraud increasingly occurs these days. Too often attorneys, having never been whistleblowers themselves, may also be insensitive to the career risk that a nascent whistleblower is contemplating or skeptical of whistleblower claims due to their unfamiliarity with financial concepts.
Why should you work with Securities Whistleblower P.C.? The malfeasance that the SEC, CFTC and FinCen investigate and issue sanctions over often include esoteric quantitative and finance-oriented concepts and fact patterns unique to the world of Banking, Capital Markets or Corporate Finance – things not often taught in law school. I have first hand experience working both in the world of lawyers and the world of banks, capital markets and finance and speak the languages of both. I won’t waste your time or money asking you to repeatedly explain what a digital option, swap, SOFR or SAR report is. My knowledge of complex capital markets and corporate finance activities also allows me to distill complex tips in a manner that is short and to the point for the SEC and CFTC, a critical distinction since these regulators receive thousands of tips per year. Having been on both sides of the table, I am also intimately aware of the career trade-offs involved in reporting malfeasance which allows me to provide effective counsel on best practices for minimizing career damaging exposure to prospective whistleblowers.